O’Reilly Automotive (NASDAQ:ORLY) Downgraded by Wolfe Research to Hold

Wolfe Research lowered shares of O’Reilly Automotive (NASDAQ:ORLY) from a strong-buy rating to a hold rating in a research note published on Tuesday morning,Zacks.com reports.

Other analysts have also issued research reports about the company. Royal Bank Of Canada set a $110.00 price target on O’Reilly Automotive and gave the stock an “outperform” rating in a research note on Friday, October 24th. Cowen reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, September 15th. Evercore ISI set a $110.00 target price on O’Reilly Automotive and gave the stock an “outperform” rating in a report on Tuesday. Mizuho set a $112.00 price target on O’Reilly Automotive in a research report on Monday, October 20th. Finally, Baird R W upgraded O’Reilly Automotive to a “strong-buy” rating in a report on Thursday, December 4th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $112.05.

O’Reilly Automotive Price Performance

ORLY opened at $93.35 on Tuesday. O’Reilly Automotive has a 1 year low of $78.30 and a 1 year high of $108.71. The stock’s 50 day simple moving average is $98.29 and its 200 day simple moving average is $98.25. The firm has a market cap of $78.79 billion, a price-to-earnings ratio of 32.39, a PEG ratio of 2.24 and a beta of 0.62.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. The company had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.69 billion. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The firm’s revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the business posted $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, sell-side analysts anticipate that O’Reilly Automotive will post 43.94 EPS for the current year.

Insider Transactions at O’Reilly Automotive

In related news, SVP Christopher Andrew Mancini sold 2,355 shares of the company’s stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total value of $238,585.05. Following the transaction, the senior vice president owned 28 shares in the company, valued at $2,836.68. The trade was a 98.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John Raymond Murphy sold 3,125 shares of the stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the sale, the director owned 8,125 shares in the company, valued at approximately $752,375. The trade was a 27.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 8,980 shares of company stock valued at $882,335 in the last quarter. 1.01% of the stock is owned by insiders.

Institutional Investors Weigh In On O’Reilly Automotive

Several large investors have recently bought and sold shares of the business. Oakworth Capital Inc. grew its stake in shares of O’Reilly Automotive by 1,257.1% in the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 264 shares during the period. HighMark Wealth Management LLC grew its position in O’Reilly Automotive by 1,400.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 280 shares during the period. Canton Hathaway LLC raised its stake in O’Reilly Automotive by 1,400.0% during the 2nd quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 280 shares during the last quarter. ORG Partners LLC lifted its holdings in shares of O’Reilly Automotive by 839.4% during the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 277 shares during the period. Finally, Nemes Rush Group LLC boosted its stake in shares of O’Reilly Automotive by 1,400.0% in the 2nd quarter. Nemes Rush Group LLC now owns 315 shares of the specialty retailer’s stock worth $28,000 after buying an additional 294 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.